Trump steps back from Obamacare overhaul until after the 2020 election

Donald Trump Obamacare overhaul

The president backed away from his previous insistence for a vote on an Affordable Care Act replacement. Last week, President Donald Trump withdrew from his prior push for an Obamacare overhaul vote. He had been seeking a vote toward a replacement for the Affordable Care Act. Trump changed directions, deciding to hold off his efforts against the ACA until after the 2020 elections. Trump’s move away from the Obamacare overhaul vote was a recognition of the current political situation. It has become clear that health care replacement legislation would not…

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Health insurance award winner in the United Kingdom has been named

health insurance award

  Cigna has been awarded the coveted Best Group International Private Medical Insurance Provider title. The results of the 2012 Health Insurance Awards are in, and the announcements have now been made at the Grosvenor Hotel in London, England, where Cigna has now been named the top provider. The titles for the annual medical and protection event were presented by Ed Byrne, renowned Irish comedian. The health insurance awards are designed to honor professionalism and excellence within that sector of the industry. According to the Cigna Global Health Benefits, Europe,…

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President Obama`s healthcare law and the Supreme Court

The United States and the healthcare industry were shaken up with the federal statute entitled the Patient Protection and Affordable Care Act. Before it was passed, during the discussions and voting and even today, there is much debate on whether or not this statute is unconstitutional. While there have been numerous cases going through the appellate courts in different areas of the country, the findings are typically mixed. The Supreme Court has the ability to pick and choose the cases it takes on. In March of 2012, there are over…

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Vital health care being rejected due to insurance

A recent Senate Investigation has found that a staggering number of insurance companies from around the nation have denied coverage to thousands of people in need of necessary care. The investigation took place over six months, researching more than 1,600 cases. The results of the investigation were released last Friday, leading many to question the altruistic nature sometimes lauded by big name insurers. Michael Fields, an HVAC technician and resident of Maryland, is one of the key people that helped initiate the investigation. Fields in a coronary patient, whom on…

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Insurers profit from medicare funds

Private insurance plans tailored to accommodate Medicare recipients are making massive profits by using advance government payouts. The Medicare program regularly sends money in advance, much of which has no immediate need, and insurers are using the funds to secure investments, according to an investigation report by the Department of Health and Human Services. Those in the  financial world are familar with this practice called, “playing the float”. The HHS inspector general estimated that private Medicare plans obtained some $380 million from these investments with money used from the government advances. These…

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Big Insurer, Big Information!

Later this year, heavyweight insurer Blue Cross and Blue Shield Association will transform their healthcare data analysis service into its own business. Founded only 4 years ago, Blue Health Intelligence reviews millions of claims and details how healthcare is being put to use by policyholders. Claiming its database surpasses that of the government, Blue Health Intelligence uses its analysis to determine trends and offer insights to quality of coverage – a service that is quite cost effective. Current trends in the industry, spurred by looming legislative reform, are suggesting that…

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